Key Takeaways:
- MJBizCon 2022 attracted thousands of cannabis industry professionals, showcasing the industry’s growth and significance.
- The event featured nearly 1,500 booths, making it the largest expo in MJBizCon history.
- Las Vegas benefited economically, with MJBizCon generating an impressive $46.4 million for the city.
- Highlights included touring Planet 13, engaging conversations with industry leaders, and discovering innovative brands.
- Blunt Brunch and the M4MM DICE Mixer provided empowering platforms for networking and community building.
It has been about a month since thousands of cannabis industry professionals embarked on our annual journey to Las Vegas for MJBizCon 2022, the conference of all cannabis business conferences, and what an experience it was! This year’s event marked the 11th anniversary of MJBizCon, a testament to the remarkable growth and evolution of the cannabis sector. Let’s delve into the highlights of MJBizCon 2022 and the significant impact it had on the industry.
MJBizCon 2022 Recap: MJBizCon made a resounding statement with its nearly 1,500 booths, making it the largest expo in its history. The event spanned an impressive 280,000 net square footage, 10% larger than any previous MJBizCon. With an estimated attendance of 35,000-40,000 industry professionals, this gathering attracted both seasoned veterans and newcomers, signaling the continuous expansion of the cannabis market.
The Economic Impact: Beyond its role as a hub for cannabis professionals, MJBizCon contributed significantly to the economic landscape of Las Vegas. According to the Las Vegas Convention and Visitors Authority (LVCVA), the conference generated a staggering $46.4 million for the city. This injection of funds further solidifies the cannabis industry as a powerful economic driver in its host cities.
Touring Planet 13: A Dispensary Extravaganza: One of the most remarkable highlights of MJBizCon 2022 was the opportunity to tour and shop at Planet 13, an iconic dispensary often referred to as the “Vegas” of all dispensaries. The sheer scale of this facility, encompassing approximately 24,000 square feet of space and 77 point-of-sale stations, left attendees in awe. Planet 13’s commitment to diversity and community engagement, along with its innovative budtender system, has established it as a leader in the industry. The company’s recent approval for a Nevada consumption lounge near the Las Vegas Strip promises to elevate the Planet 13 experience to even greater heights.
Inspirational Conversations: Tommy Nafso of NOXX
MJBizCon provided a platform for thought-provoking discussions, including a conversation with Tommy Nafso, the Founder and CEO of NOXX. This Michigan-based cannabis brand is focused on inclusivity and addressing historical inequities. Tommy Nafso’s legal background and experience in the industry have positioned NOXX as a progressive force, paving the way for a more diverse and equitable cannabis landscape.
TSUMo Snacks: Redefining Cannabis-Infused Snacking
Caroline Yeh, the founder and CEO of TSUMo Snacks, shared insights into the company’s journey and its collaboration with renowned artist Snoop Dogg. Known for their savory THC-infused snacks, TSUMo Snacks has been making waves in the California market. Their commitment to diversity and authenticity sets them apart, and their plans for expansion, including a potential move into the Michigan market, demonstrate their ambition to reach new horizons.
Purple Lotus: Serving the Community with Compassion
Matt Krishnamachari, the Founder and CEO of Purple Lotus, exemplifies the dedication to service and compassion that defines the cannabis industry. With a focus on giving back to the San Jose community, Purple Lotus has experienced significant growth while maintaining its core values. Matt’s mission to provide top-quality cannabis and make a positive impact continues to guide the company’s expansion.
Reepher: Protecting Cannabis Consumers’ Rights
Reepher, a pioneering personal liability protection provider, stood out for its commitment to leveling the playing field within the legal system. By offering financial support to policyholders facing cannabis-related charges, Reepher aims to ensure that everyone has access to effective legal representation. Justin Kahn, the CEO and co-founder, envisions a world where insurance and healthcare are accessible and equitable for all.
HighonLove: Destigmatizing Pleasure and Cannabis
Angela Mustone, founder of HighonLove, has been instrumental in breaking down stigmas surrounding pleasure and cannabis. Her brand offers a luxurious range of sensual and self-care products blended with premium cannabis oil. HighonLove’s presence at MJBizCon drew attention and admiration, showcasing the intersection of pleasure and cannabis in a tasteful and empowering manner.
Blunt Brunch: Fostering Connections and Empowerment
Blunt Brunch, a women-centric event during MJBizCon, provided a platform for over 220 women in the cannabis industry to connect, network, and empower each other. This inclusive and authentic atmosphere fostered meaningful relationships and community-building. The success of Blunt Brunch underscores the increasing presence and influence of women in cannabis leadership roles.
M4MM DICE Mixer: A Celebration of Diversity and Networking
The annual M4MM DICE mixer brought together over 450 guests to celebrate diversity, network, and enjoy the vibrant atmosphere. As part of the Minorities for Medical Marijuana initiative, this event emphasized the importance of representation and support within the industry. The success of the M4MM DICE mixer highlights the potential for positive change through collaborative efforts.
MJBizCon 2022 demonstrated the unstoppable momentum of the cannabis industry. From industry-leading dispensaries like Planet 13 to innovative brands like NOXX, TSUMo Snacks, and Reepher, the event showcased the diversity, entrepreneurship, and commitment to positive change within the cannabis sector. As MJBizCon continues to evolve, it will undoubtedly remain a driving force in shaping the future of the cannabis industry.
